Table 10-1 A Monopoly Producer of Foreign Language Translation Software Faces a Unit

question 76

Multiple Choice

Table 10-1
$\begin{array}{|c|c|c|}\hline \begin{array}{c}\text { Price per } \\\text { Unit }\end{array} & \begin{array}{c}\text { Quantity Demanded } \\\text { (units) }\end{array} & \begin{array}{c}\text { Total Cost of Production } \\\text { (dollars) }\end{array} \\\hline \$ 85 & 10 & \$ 530 \\\hline 80 & 11 & 540 \\\hline 75 & 12 & 550 \\\hline 70 & 13 & 560 \\\hline 65 & 14 & 575 \\\hline 60 & 15 & 595 \\\hline 55 & 16 & 625 \\\hline\end{array}$ A monopoly producer of foreign language translation software faces a demand and cost structure as given in Table 10-1
-Refer to Table 10-1.What is the firm's profit-maximizing output and what is the price charged to sell this output?

• A) P = $85; Q = 10
• B) P = $80; Q = 11
• C) P = $70; Q = 13
• D) P = $65; Q = 14

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Definitions:

Visceral Pleura

Serous membrane investing the lungs and dipping into the fissures between the several lobes.

Alveoli

Alveoli are tiny air sacs in the lungs where the exchange of oxygen and carbon dioxide takes place.

Tracheobronchial Tree

The structure comprising the trachea and branching bronchi, facilitating air passage to the lungs.

Terminal Bronchioles

The smallest air passages in the lungs before the alveolar ducts, involved in the process of air distribution and gas exchange.